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Tag: employee

Think twice before choosing any employee benefit plans and perks

Think twice before choosing any employee benefit plans and perks

Finance
Just because your company offers you a brand-new employee benefit, doesn't mean that you have to take it. October kicks off the beginning of benefits enrollment season for many employees, as they sign up for next year's health care plan and life insurance coverage. But the list of potential perks — known as voluntary and fringe benefits — goes beyond the core suite of life and health insurance coverage and 401(k) plans. A June survey by the National Business Group on Health found that about 9 out of 10 large employers offered accidental de...
Uber drivers stage 24 hour strike over employee rights

Uber drivers stage 24 hour strike over employee rights

Technology
Uber drivers are striking across the UK over the next 24 hours as the company continues to appeal against a court ruling giving them employee rights. Although not all of the ride-hailing company's drivers will be on strike, members of the Independent Workers Union of Great Britain (IWGB) will not be using the app for 24 hours from 1pm on Tuesday.Instead, they gathered outside of the company's offices in London, Birmingham and Nottingham to demand fairer pay and to be treated under the conditions of a 2016 court ruling.The IWGB is calling on potential passengers to show solidarity with striking drivers by not using the app during this period, as it calls for the company to cease delaying the implementation of the court ruling.Uber lost a court battle two years ago when an em...
What you need to know about your employee stock purchase plan

What you need to know about your employee stock purchase plan

Finance
The company you work for may let you purchase company stock at a discounted price. The formal name for this is an "employee stock purchase plan," or ESPP. And if used correctly, these stock purchases can boost your bottom line, according to Sophia Bera, founder of Gen Y Planning. Here's how it works. Your company lets you buy its stock at a discount, which can range from 10 percent to 15 percent, for example. More from Straight Talk:...
Intel CEO out after consensual relationship with employee

Intel CEO out after consensual relationship with employee

Technology
Intel CEO Brian Krzanich resigned after the company learned of what it called a past, consensual relationship with an employee. Intel said Thursday that the relationship was in violation of the company's non-fraternization policy, which applies to all managers. Spokesman William Moss said Intel has had the policy in place for "many years." He declined to comment further. Chief Financial Officer Robert Swan will take over as interim CEO immediately. A search for a new CEO is underway. Corporate America is under intense pressure to enforce workplace policies on gender equality and sexual harassment. Thanks largely to the #MeToo era, even relationships that appear consensual are closely scrutinized — and often prohibited by companies — if they involve a power imbalance such as t...
US closes consular agency in Mexico, bars employee travel over 'security threat'

US closes consular agency in Mexico, bars employee travel over 'security threat'

World
The U.S. has closed its consular agency in a popular Mexican tourist spot and is barring its employees from traveling there over a "security threat." The embassy in Mexico City issued the alert Wednesday night for Playa del Carmen, a coastal resort town near Cancun and Cozumel on the Caribbean. The warnings come after a bomb exploded on a ferry that runs between Playa del Carmen and Cozumel in February and an unexploded ordinance was found on another ferry a week later. The State Department provided few details on what the threat was -- saying only that one was received by the embassy in Mexico City on Wednesday. "We take our obligation to provide information to U.S. citizens seriously as evidenced by the clear, timely, and reliable safety and security information we release worldwide...